4610 Us-83 Laredo, TX 78046
This exceptional 6.32-acre commercial land parcel presents a remarkable investment opportunity in Laredo, Texas. Strategically located on US Highway 83 South, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial developments. The B-3 & B-4 zoning permits a wide range of uses, including the potential for a thriving commercial strip center or residential apartment complex. The property benefits from convenient access points from both Highway 83 and Santa Martha Road, ensuring easy ingress and egress for customers and residents. Its prime location offers significant advantages, situated just 0.5 miles from a major shopping center featuring established brand-name retailers, and only 1.5 miles from Laredo College's South Campus. The surrounding area is densely populated, with numerous shops, restaurants, residential neighborhoods, and schools, creating a strong foundation for a successful commercial venture. This high-traffic location and versatile zoning make this property a truly exceptional investment opportunity with significant potential for future growth and profitability. The asking price is $1,890,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.